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Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Common stock
Additional Paid-in Capital
Retained Earnings (Deficit)
Cumulative Dividends
Non-controlling interest
OP units
Non-controlling interest
OP units
Total
Balance at Dec. 31, 2015 $ 118 $ 114,783 $ 659 $ (7,188)   $ 30,162   $ 138,534
Balance (in shares) at Dec. 31, 2015 11,979              
Increase (decrease) in shareholders' equity                
Net income     (1,354)     (475)   (1,829)
Grant of unvested restricted stock (in shares) 96              
Forfeiture of unvested restricted stock   (1)           (1)
Forfeiture of unvested restricted stock (in shares) (3)              
Stock based compensation   244           244
Dividends accrued or paid   (283)   (1,540)   (753)   (2,576)
Issuance of stock as partial consideration for business combination         $ 28,826   $ 28,826  
Adjustment to arrive at redemption value of redeemable non-controlling interest   (38)           (38)
Adjustments to non-controlling interest resulting from changes in ownership of the Operating Partnership   3,466       (3,466)    
Balance at Mar. 31, 2016 $ 118 118,171 (695) (8,728)   54,294   163,160
Balance (in shares) at Mar. 31, 2016 12,072              
Balance at Dec. 31, 2016 $ 172 172,100 4,103 (14,473)   53,692   215,594
Balance (in shares) at Dec. 31, 2016 17,351              
Increase (decrease) in shareholders' equity                
Net income     (1,626)     (375)   (2,001)
Issuance of stock under the at-the-market offering, net of costs of $42   (60)           (60)
Grant of unvested restricted stock (in shares) 187              
Stock based compensation   428           428
Dividends accrued or paid     (878) (4,137)   (854)   (5,869)
Issuance of stock as partial consideration for business combination $ 148 168,503     $ 10,034   $ 10,034 168,651
Issuance of stock as partial consideration for business combination (in shares) 14,781              
Issuance of OP units as partial consideration for business combination           2,493   2,493
Conversion of OP units to shares of common stock $ 1 1,034       (1,035)    
Conversion of OP units to shares of common stock (in shares) 129              
Adjustments to non-controlling interest resulting from changes in ownership of the Operating Partnership   (3,273)       3,273    
Balance at Mar. 31, 2017 $ 321 $ 338,732 $ 1,599 $ (18,610)   $ 67,228   $ 389,270
Balance (in shares) at Mar. 31, 2017 32,448